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    Karnataka: India’s global R&D centre

    2018-07-23T10:32:28+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

    Karnataka, which houses India’s so-called Silicon Valley deep in its capital city of Bangalore, is already a darling with investors, but the $16-billion Walmart-Flipkart deal shows there is still a lot of untapped potential. Away from the humdrum of an election-bound Karnataka in the first half of May, the top bosses at US retailer Walmart and Indian e-commerce giant Flipkart were busy giving the final touches to what is India’s biggest acquisition this year. The negotiations that included valuation of [...]

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      Air India marks 70 years since first India-UK flight

      2020-09-21T10:46:33+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

      India’s national carrier is marking 70 years since the first Air India flight took off from Mumbai to London in June 1948 by inviting members of the Indian diaspora in Britain to share their memories of the airline in its early days. Air India’s iconic first international flight, on a Super Constellation aircraft, took off from Mumbai on June 8 and landed in London via Cairo and Geneva on June 10, 1948, with just 42 passengers on board, including some Indian Nawabs and Maharajas. Air India celebrated the [...]

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        Digital India’s impact on global technical innovation

        2018-07-23T10:33:29+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

        An entrepreneur behind Chennai-headquartered Impact Sourcing company DesiCrew explains how Digital India's module for creating IT sector jobs in rural India can be easily adapted to suburban Ireland. Over the last decade, we have seen a shift in the nature of support required by our customers. Customers are not looking at India as just a low-cost labour provider. There is a requirement for agile solutions, supporting automation, artificial intelligence (AI) and Machine Learning Initiatives. We at DesiCrew are mindful of [...]

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          Madrid is open for Indian investments

          2020-03-06T11:51:46+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

          One of Spain’s senior officials described Madrid as the region of Spain with the most economic freedom and certainty for business. “The Madrid Region is about the size of Sikkim, but with the population of Hyderabad.” This is how a delegation of 23 Mumbai Investors was introduced to our region at Invest in Madrid agency back in April. Madrid Region is one of the 17 “Autonomous Communities” – the Spanish equivalent for the Indian “states” or the German “Bundesländer” – [...]

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            Modi spells out free, open, inclusive Indo-Pacific policy

            2020-03-16T09:52:42+00:00July 17th, 2018|2017/2018, Global Edition – July 2018|

            Our strategic expert uses the Indian PM’s address at the Shangri-La Dialogue to evaluate the country’s focus on the Indo-Pacific region. The highlight of Prime Minister Narendra Modi’s three-nation, five-day visit to Southeast Asia at the end of May/early June 2018 was his Keynote Address at the annual Shangri-La Dialogue in Singapore on 1 June evening, which I attended as a senior research staff member of the host organisation, the London-based think tank the International Institute for Strategic Studies (IISS). [...]

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              Investments by Indian companies on the rise

              2020-03-26T09:59:18+00:00July 15th, 2018|2017/2018, Global Edition – July 2018|

              With joint ventures and expansion plans, Indian enterprises show steady growth in overseas markets. Exide forms JV with Switzerland's Leclanche Following the takeover of US-based Exide Technologies’ sole Indian plant, Kolkata-headquartered Exide Industries will go ahead with production of lithium-ion batteries. It has formed a joint venture with Switzerland-based Leclanché under a 75:25 equity partnership agreement and this firm will manufacture the lithium-ion cells. An Exide executive said that according to the agreement, Leclanché, besides picking up an equity stake, [...]

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                India a hotbed for foreign investments

                2020-03-26T10:03:23+00:00July 15th, 2018|2017/2018, Global Edition – July 2018|

                Encompassing varied sectors like digital tech and renewable energy, a lot of eyes were on India. Nissan sets up first global digital hub in India Japanese auto major Nissan Motor Co is establishing its first global centre for digital operations in India and will hire around 500 people for the same by the end of this fiscal. The Nissan Digital Hub, to be set up in Kerala, will be followed by a number of software and information technology development centres [...]

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